| Business Summary | | Sprint
FON
Group
(Sprint),
a
subsidiary
of
Sprint
Corporation,
is
conducts
business
through
a
global
markets
division,
a
local
division,
and
a
product
distribution
and
directory
publishing
businesses.
The
main
activities
of
the
global
markets
division
include
domestic
and
international
long
distance
communications
(except
for
consumer
long
distance
services
used
by
customers
within
Sprint's
local
franchise
territories),
Sprint
ION,
broadband
fixed
wireless
services
and
certain
other
ventures.
The
activities
of
the
local
division
include
local
exchange
communications
and
consumer
long
distance
services
used
by
customers
within
Sprint's
local
franchise
territories.
The
product
distribution
business
provides
wholesale
distribution
services
of
telecommunications
products.
The
directory
publishing
business
publishes
and
markets
white
and
yellow
page
phone
directories. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Sprint
FON
Group
is
comprised
of
Sprint's
wireline
telecommunications
operations
including
long
distance,
local
telephone,
product
distribution
and
directory
publishing.
For
the
six
months
ended
6/30/01,
revenues
decreased
2%
to
$8.67
billion.
Net
income
from
continuing
opts.
before
extraordinary
item
and
applicable
to
Common
fell
25%
to
$609
million.
Revenues
reflect
a
decline
in
the
international
long
distance
business.
Earnings
also
reflect
the
increase
in
operating
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| William Esrey, 61 Chairman
and CEO | $1.4M | $36.3M | Ronald LeMay, 55 Pres,
COO | 1.0M | 42.3M | Arthur Krause, 59 CFO,
Exec. VP | 575K | 8.2M | Michael Fuller, 56 Pres
- Local Telecommunications Division | 523K | 9.1M | Don Hallacy, 44 Pres--Technology
Services | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|